- Aug. 6, 2021
-- Dr. Rajan Lekhraj Mahtani
is a noted and respected businessman in Zambia. Recently, Dr. Rajan Mahtani made headlines after deciding to approach Cherie Blair-famed law firm Omnia Strategy for pursuing a case at the London High Court. This case is against Bob Diamond, the infamous business tycoon who made headlined in 2012 after stepping down from his CEO (Chief Executive Officer) position at Barclays after the Libor-rigging scandal. Within a year, Bob Diamond once again came to news with his comeback in Zambia with Atlas Mara, a company floated by Diamond with the objective of transforming it to banking giant in Africa. Since the launch of Atlas Mara is 2013, the banking and financial group went on a buying spree, purchasing banks and other financial businesses to amp its operations and expand its market portfolio. One of the banking and financial institution purchase by Bob Diamond's Atlas Mara was FBZ (Finance Bank Zambia), a company owned by Dr. Mahtani
.Finance Bank Zambia
was purchase by Atlas Mara under a legal sales & purchase agreement. However, it seems like Bob Diamond failed to make the payment against the shares purchase at Finance Bank Zambia for which Dr. Mahtani has made the claim at the Omnia Strategy. Along with Dr. Mahtani
, several other Zambian and international investors are pursuing damages to the tune of 100 million pounds against infamous businessman Bob Diamond.
About Dr. Rajan Mahtani
Dr. Rajan Lekhraj Mahtani is a successful Zambia-based businessman and philanthropist with established businesses across developed nations such as UK. He is also the owner of several top companies in Zambia including Mahtani Group of Companies, Finsbury Investments.